I'm not sure about a collapse of PM prices. The fundamental reason people are buying is to get out of dollars. If you understand that FIAT is doomed why would you then go back to worthless paper again. There are many gold bulls sitting on the sidelines from much lower prices waiting for the crash. If we are now moving into a hyperinflationary period and the ultimate collapse of ALL FIAT you could just see a consolidation phase rather than sell off (this will in fact be a correction because the number of dollars in circulation will still be increasing). As an investor I am happy to hold rather than try and trade and get left behind when things get really interesting.
